American Aires Announces Proposed Offering and Initial Closing
Toronto, Ontario--(Newsfile Corp. - June 15, 2023) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ("Aires" or the "Company"), a leader in scientifically-proven EMF modulation technology, announces a proposed non-brokered private placement (the "Offering") for gross proceeds of up to $3,000,000 through the issuance of up to 3,000 units (the "Units") at a price of $1,000 per Unit. Each Unit shall consist of (i) one (1) $1,000 principal amount secured convertible debenture (a "Debenture" or...
2023-06-15 9:30 PM EDT
American Aires Inc. Announces Debt Conversion
Toronto, Ontario--(Newsfile Corp. - June 12, 2023) - American Aires Inc. (CSE: WIFI) (OTC: AAIRF) ("Aires" or the "Company"), a leader in scientifically-proven EMF modulation technology today announces that it has completed a series of debt conversions to decrease the Company's debt.Birchtree Investments Ltd. ("Birchtree") has agreed to accept 578 debenture units (each, a "Unit"), with each Unit consisting of (i) one $1,000 principal amount secured transferable convertible debenture...
2023-06-12 7:00 AM EDT
American Aires Inc. Announces ASM Voting Results
Toronto, Ontario--(Newsfile Corp. - June 2, 2023) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ("Aires" or the "Company"), a leader in scientifically-proven EMF modulation technology, today announced the results of voting at its 2023 Annual and Special Meeting ("ASM") of Shareholders held on May 31, 2023.A total of 70,851,465 common shares were voted in connection with the meeting, representing approximately 45% of the issued and outstanding common shares of the Company. Shareholders...
2023-06-02 7:30 AM EDT
American Aires Inc. Announces Filing of Q1/2023 Financial Statements and MD and A
Toronto, Ontario--(Newsfile Corp. - May 19, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) ("Aires" or the "Company"), a leader in scientifically-proven EMF modulation technology, is pleased to announce the filing of its unaudited Financial Statements and the MD&A for the first quarter of 2023, covering the period January 1 to March 31, 2023. Consistent with the key financial metrics disclosed on April 21, 2023, the Company's adjusted sales for Q1 2023 grew by a remarkable 138%...
2023-05-19 7:30 AM EDT
American Aires Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - May 12, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires") announces that it has closed a non-brokered private placement of units (the "Units") through the issuance of 7,844,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of $392,200 (the "Offering").Each Unit is comprised of one (1) common share in the capital of the Company ("Common Share") and one (1) Common Share purchase warrant ("Warrant"). Each...
2023-05-12 3:18 PM EDT
American Aires Strengthens Intellectual Property Portfolio with Update on New Global Functional Patent
Toronto, Ontario--(Newsfile Corp. - April 27, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) ("Aires" or the "Company"), a leader in scientifically-proven EMF modulation technology, is excited to announce significant progress on a global technology patent that bolsters its intellectual property portfolio. The functional patent, titled "Method for Protecting Biological Objects from the Negative Influence of Technogenic Electromagnetic Radiation," focuses on safeguarding living...
2023-04-27 4:15 PM EDT
American Aires Announces Resignation of Director
Toronto, Ontario--(Newsfile Corp. - April 21, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires"), a provider of scientifically-proven EMF modulation technology, announces the resignation of Jacinto Vieira effective immediately.About American Aires Inc. American Aires Inc. is a Canadian-based nanotechnology company which has developed proprietary silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation (EMR). The technology...
2023-04-21 8:07 PM EDT
American Aires Inc. Announces Exceptional Q1 2023 Performance with 138% YoY Adjusted Sales Growth
Toronto, Ontario--(Newsfile Corp. - April 21, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) ("Aires" or the "Company"), a company dedicated to enhancing the well-being and environmental safety through science and innovative technology, proudly announces its outstanding financial results for the first quarter of 2023, covering the period January 1 to March 31, 2023. The Company's adjusted sales for Q1 2023 grew by 138% year-over-year (YoY) to $1.64 million, or $0.95 million higher...
2023-04-21 8:00 AM EDT
American Aires Inc. Announces Application to Extend Warrants
Toronto, Ontario--(Newsfile Corp. - April 14, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires"), a provider of scientifically-proven EMF modulation technology, announces that it intends to amend the expiry date of an aggregate of 13,055,808 previously issued common share purchase warrants (the "Warrants") of the Company by one (1) year, as set out in the table below:Date Issued
2023-04-14 12:48 PM EDT
American Aires Inc. Announces Publication of Peer-Reviewed Research Paper Supporting Lifetune Technology
Toronto, Ontario--(Newsfile Corp. - April 13, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires") a company dedicated to enhancing well-being and environmental safety through science and innovative technology proudly announces the publication of a peer-reviewed research paper, titled "Computer Simulation of the Response of a Semiconductor Wafer with a Self-Affine Pattern in the Form of a System of Coupled Ring Grooves to Electromagnetic Radiation." The...
2023-04-13 5:00 PM EDT
American Aires Inc. Announces Filing of 2022 Financial Statements and MD&A
Toronto, Ontario--(Newsfile Corp. - April 5, 2023) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company" or "Aires"), a provider of scientifically-proven EMF modulation technology, in the follow up with an announcement made on March 20, 2023 when the Company provided a Corporation Update, is proud to announce the filing of Audited 2022 Financial Statements and the MD&A.The Company reported 2022 revenues of $5.8 million, which was $3.3 million higher than a year ago while the...
2023-04-05 5:30 PM EDT
American Aires Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - March 21, 2023) - American Aires Inc. (CSE: WIFI) (the "Company" or "Aires") is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") for gross proceeds of up to $2,500,000 through the issuance of up to 50,000,000 units (the "Units") at a price of $0.05 per Unit. Each Unit is comprised of one (1) common share in the capital of the Company ("Common Share") and one (1) transferable Common Share...
2023-03-21 5:15 PM EDT
American Aires Inc. Provides Corporation Update
Toronto, Ontario--(Newsfile Corp. - March 20, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires"), a provider of scientifically-proven EMF modulation technology, provides an update to investors on its activities and important developments that took place in 2022 following the recent announcement of the revocation of the Ontario Securities Commission's Cease-Trade Order and the resumption of trading of the Company's shares on the Canadian Securities...
2023-03-20 7:45 AM EDT
American Aires Inc. Appoints Corporate Secretary
Toronto, Ontario--(Newsfile Corp. - March 14, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires"), a provider of scientifically-proven EMF modulation technology, is pleased to announce the appointment of Jo-Anne Archibald, an experienced provider of corporate governance services, as Corporate Secretary of the Company.Mr. Josh Bruni, Chief Executive Officer of Aires commented: "Jo-Anne is a key addition to Aires' management team as our operations continue to...
2023-03-14 9:29 AM EDT
American Aires Announces Revocation of Failure-to-File Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - March 13, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires") is pleased to announce that it has been successful in its application to the Ontario Securities Commission, Alberta Securities Commission and British Columbia Securities Commission (collectively, the "Commissions") to revoke the failure-to-file cease trade order issued by the Ontario Securities Commission on May 6, 2022 (the "CTO").The CTO was issued as a result...
2023-03-13 9:15 AM EDT
American Aires Announces Filing of Corrective Disclosure Pursuant to OSC Review
Toronto, Ontario--(Newsfile Corp. - March 2, 2023) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company" or "Aires") announces that further to the review by the Ontario Securities Commission ("OSC") of the Company's continuous disclosure, and a subsequent request from OSC staff in connection therewith, the Company has made corrective disclosure with respect to the following documents:Management's discussion and analysis for the year ended December 31, 2021;Management's discussion...
2023-03-02 11:44 AM EST
American Aires Inc. Appoints Josh Bruni as CEO; Founder & CEO Dimitry Serov Transitions to Chief Product Officer
Toronto, Ontario--(Newsfile Corp. - February 28, 2023) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company" or "Aires"), a provider of scientifically-proven EMF modulation technology, announced today that the current Chief Revenue Officer, Josh Bruni, will take over as Chief Executive Officer and join the Board of Directors, effective March 1st, 2023. Founder and Chief Executive Officer, Dimitry Serov will transition to a newly created role of Chief Product Officer and will...
2023-02-28 5:15 PM EST
American Aires Provides Update on Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - January 16, 2023) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires") announces that, further to its previous press releases of May 9, 2022, June 23, 2022, August 2, 2022, August 26, 2022, September 21, 2022, October 21, 2022, November 3, 2022 and December 6, 2022, the Company filed a revocation application on December 14, 2022 to revoke the failure to file cease trade order ("CTO") issued by the Ontario Securities Commission...
2023-01-16 5:30 PM EST
American Aires Announces Appointment of Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - December 12, 2022) - American Aires Inc. (CSE: WIFI) (OTC Pink: AAIRF) (the "Company" or "Aires") is pleased to announce that, further to its press release of December 6, 2022, Mr. Vitali Savitski has been appointed as Chief Financial Officer effective immediately.Mr. Savitski is an iBBA graduate from Schulich School of Business with 15 years of experience in capital markets, equity research and analysis, implementation and design of business development...
2022-12-12 5:15 PM EST
American Aires Announces Filing of Interim Financial Statements and Provides Update on Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - December 6, 2022) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the "Company" or "Aires") announces that, further to its previous press releases of May 9, 2022, June 23, 2022, August 2, 2022, August 26, 2022, September 21, 2022, October 21, 2022 and November 3, 2022, the Company is pleased to announce that is has filed its interim financial statements, management discussion and analysis and certificates of the Chief Executive Officer and Chief Financial...
2022-12-06 7:56 PM EST